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Global carbon emissions
March 24 , 2018
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- According to International Energy Agency (IEA), the global energy-related carbon dioxide (CO2) emissions rose to historic high of 32.5 giga tonnes in 2017.
- This large amount of global energy-related carbon emissions comes after it was flat for three years. It was due to higher energy demand and slowing of energy efficiency improvements.
- According to preliminary estimates from the IEA Global energy demand rose by 2.1 percent last year to 14,050 million tonnes of oil equivalent, more than twice the previous year’s rate, boosted by strong economic growth.
- IEA is an inter-governmental organization established in 1974 as per framework of the Organisation for Economic Co-operation and Development (OECD).
- Presently it has 30 member countries including India. It is headquartered in Paris, France.
- It was established in the wake of the 1973 oil crisis after the OPEC cartel had shocked the world with a steep increase in oil prices.
- It acts as energy policy advisor to 29 member countries and also non-member countries like China and Russia.
- Its prime focus is on the “3Es” of effectual energy policy: energy security, economic development and environmental protection.
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